From the WSJ at https://www.wsj.com/amp/articles/ban...ss-11599680366
The kicker is JJE is the parent company of Palmetto State Armory. So if no one bids higher, PSA will be making Remington ammo.Bankrupt Remington Gets $65 Million Offer for Ammunition Business
Firearms maker agrees to sell its ammunition business out of bankruptcy to investment firm JJE for $65 million, subject to better offers